Search:

The rising prominence of so-called ‘zombie firms’ – companies under sustained financial strain – is threatening to cause a significant drag-effect on the UK economy, new analysis from KPMG has found. A look at the last three annual accounts of listed UK companies (FTSE and AI

The owner of Clydesdale Bank has been hit by a rise in customers struggling to pay their credit card bills. Glasgow-based Clydesdale and Yorkshire Banking Group (CYBG) has said it wrote off £77m in the six months to March.

Over half (53 per cent) of employees aged 60 and over are not ready to retire, increasing to 61 per cent for people still working past the age of 65, new research has revealed. The study of employees and employers by insurance and life giant Aviva highlights that working for enjoyment and the benefi

Fintech disruptor Soar says it is aiming to change the face of ethical banking following the award of a £450,000 Research and Development (R&D) grant from Scottish Enterprise. The Glasgow-based company is developing a cloud-based and fully-integrated banking platform for credit unions

Royal Bank of Scotland is among five banks today taking a share in a €1.07bn (£935m) European Commission fine after regulators found traders clubbed together to rig the foreign exchange market. RBS and its subsidiary NatWest Markets Plc said they acknowledge the announcement by the Europe

The Church of Scotland says it is now adapting to the increasing number of people choosing to make payments by card by rolling out a new “contactless collection plate”. Kirk officials say they are keen to show people how terminals could make donating faster and easier in what is increasi

A masterplan for the Hunterston industrial complex in North Ayrshire has been unveiled as a consultation is launched on the site’s future.

The chairman of Bank of Scotland owner Lloyds Banking Group yesterday headed-off a potential shareholder revolt over executive pay by telling investors that they needed to “pay for performance”. Lloyds, which is also behind Scottish Widows, has received heavy criticism recently over

Baillie Gifford’s £8 billion Scottish Mortgage Investment Trust achieved a total return on net asset value of 14.6 per cent for the year to March 31. This was ahead of a 10.7 per cent total return on its benchmark, the FTSE All-world Index in sterling terms.

Accountants and business advisors French Duncan LLP have expanded their HR team in response to what the firm said was an increase in demand for their outsourcing services. The firm said the move is part of a substantial planned increase in staffing over the next five years offering more services to

Musselburgh-based water and waste water services provider Brightwater has secured £350,000K in private external investment. The equity-based finance sourced from undisclosed private individuals will be used to support the company’s growth strategy as it continues to increase its share of

A University of Dundee academic is to work with the Scottish Government as it attempts to increase the number of women entrepreneurs in Scotland. Dr Norin Arshed, senior lecturer in Entrepreneurship and innovation at the University’s School of Business, has been appointed Independent Advisor t

Close Brothers Asset Management (CBAM) has strengthened its senior high-net worth (HNW) investment team in Scotland with the appointment of Christopher Godfrey-Faussett to the role of managing director. Based in Edinburgh, the firm said Mr Godfrey-Faussett "will enhance the HNW investment

There are 374,000 more employees working from home than 10 years ago, new TUC analysis published today to mark Work Wise UK’s National Work from Home Day shows.

Buyer activity in scenic and commutable countryside locations is supporting a buoyant Aberdeenshire property market, according to a new statistical report by estate agents Galbraith covering the first quarter of 2019 ending 31st March.